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Sedona AZ 86336 Homes For Sale – May Market Conditions – 2018

Sheri Sperry May 8, 2018

How’s The Market Doing?

Homes For-Sale
Sedona Arizona 86336
May 2018 ~ REAL TIME Market Report & Analysis

Sedona May Market Red Rock Chapel Views from Indian Cliffs

Learn More About Sedona Arizona 86336

Courtesy of Sheri Sperry ~

Coldwell Banker Residential Brokerage 

Sheri Sperry Coldwell Banker Sedona Realtor Sedona December Market Report

Your Solutions Realtor®

Check out the most current monthly reports in the Sedona Verde Valley at SEDONAMARKETREPORTS.com

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Sedona Arizona 86336 Homes For-Sale

Report 5/08/18

Sedona May Market Report

 

As you research the Sedona Homes For Sale and May Market Report, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index (MAI) above. Altos Research uses a complex algorithm to provide the MAI.

Sedona Information

Sedona 86336 is the heart of Sedona. There are two zip codes 86336 and 86351. These Market Reports will highlight 86336. In this zip code, you will find the majority of the shopping, entertainment, restaurants, and lodging. It also includes a couple of 5 star resorts and the camping areas and mountain style living in the Oak Creek area heading toward Flagstaff. Sedona 86336 is basically areas such as the Chapel area, Uptown, West Sedona, the Airport Mesa area and Red Rock Loop.


Characteristics By Quartile

 

May ’18 – Sedona AZ 86336 Homes For Sale

 


To learn more about these market reports please visit:

The Market Stats on my website.
Reports are generated weekly on Mondays


SEARCH FOR ALL HOMES FOR SALE IN SEDONA AZ


Select Links Below To See Sedona Single Family Homes In Each Price Range 

 

There are 53 Sedona homes for sale (currently) priced at $1 million and over  (+1)

$700,000 to $999,999 returned 28 Sedona homes for sale –  (-11)

$495,000 to $699,999 returned 25 Sedona homes for sale – (+1)

$494,999 and under returned 18 Sedona homes for sale  (-12)


Supply and Demand – Sedona 86336 


Median Price

Currently the Median Price is at $922,500. At the end of February, it was $870,000. There is 1 more home added to the homes priced over $1,000,000. The top 2 quartiles are in the 7 figure range. All the quartiles have increased dramatically from winter. 

Interactive chart below will continue to show current market information

Large Chart


Inventory

The Inventory has stabilized. There is one less home on market since winter. The trends show that more inventory would be very welcome with buyers. 

Interactive chart below will continue to show current market information

Large Chart


Days On Market

Days On Market – Overall, the DOM has dropped by 16 days since February. The top quartile has shown a dramatic drop since February. Luxury homes are selling. The other quartiles are showing mixed results and overall, the DOM has dropped an additional 16 days. The Overall market is at 6.3 months. Just a note, that the median price is $922,000. 

Interactive chart below will continue to show current market information


Large Chart


Market Action Index

The Market Action Index increased 3.5 points, from February. “30” is the break even point between seller vs buyer advantage.   It is currently at 33.2 which is a seller’s advantage. The top quartile at $2.6 million median is the only range that buyers may be able to negotiate well with the sellers. The longer a home has been on market the more likely the seller will be willing to negotiate. 

Interactive chart below will continue to show current market information

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Large Chart

 

MAI or Market Action Index answers the question “Hows the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller’s advantage. Below 30, conditions give the advantage to the buyer.

Bottom Line

The 2018 Market continues to be strong. We are in the middle of the spring selling season and the numbers are continuing to improve.  The median price has increased dramatically since December by approx. $125,000. The luxury market inventory is about the same as winter. Those homes are selling. The DOM at the top bracket have come down significantly. I think if a buyer can find a home that has been on the market for awhile, you may be able to get a good deal. 

 

Luxury Market

As of 05/07/18

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president of, defines the Luxury Market as the top 10% of the listings available. The Luxury Market is measured using 86336, and 86351 zip codes. The price point has increased from $840,000 and is now at $943,000 for the top 10% of the market. This figure is based on the last 6 month’s of sold listings. The top 10% of active listings (which is different from sold listings) has moved higher from $1,795,000 in February to $1,995,000 in May. This is a $200,000 increase – This just gives you an idea of how the active market compares.


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To learn more about these market reports please visit SedonaMarketReports.com on my website or click on the MAP below for a quick look of each market. You can sign up for a weekly update right on the map by clicking the map marker

 Visit Market Stats on my website or contact me with questions.
Reports are generated weekly on Mondays

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)

 




When You Need A Real Estate Professional…

 After decades of buying and owning multiple single family homes and town homes,  and as an experienced real estate professional, I have a unique perspective to help clients.  In today’s seller’s market, buyers can’t do it without help from a professional. The REALTOR® has the experience and understands what needs to be done to help secure a home for the buyer at the best price and conditions. This report is a quick look to give a snapshot of the market. Whether you are a buyer or seller, I will provide a thorough analysis of any property to make sure the market value is at the proper price point. My ability to market property is unsurpassed. See my extensive portfolio here.      

If you have questions about Sedona market conditions or other information on the Sedona real estate market, please contact me at 928.274.7355 .


ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.”

 

I am YOUR Solutions REALTOR®” ~ Sheri Sperry


Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

Sedona homes for sale

A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past & current statistics and other information. It is deemed reliable but not guaranteed.

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